$LMND, can price recover and get back to the $30s?
I'll be honest, this one I'm less confident about, but in terms of the analysis:
Earnings sent the stock price lower back into support and the 200DMA.
If price can stay above this region, then I think there's a possibility of a squeeze back higher into the $31 resistance.
First price needs to reclaim the $17 resistance.
Let's see if it can do that.
Earnings sent the stock price lower back into support and the 200DMA.
If price can stay above this region, then I think there's a possibility of a squeeze back higher into the $31 resistance.
First price needs to reclaim the $17 resistance.
Let's see if it can do that.
Comment:
So far so good, approaching $17 resistance.